MNI BRIEF: Less Guidance On Slow Tariff Passthrough- Bostic

Atlanta Federal Reserve President Raphael Bostic said Thursday the tariff rollout will likely cause a slow, incremental impact on prices and the back-and-forth makes it difficult to provide guidance on borrowing costs.

"That uncertainty is going to sort of weigh in a host of different ways," he said in Q&A at an event in Frankfurt, Germany. "I'm happy to be patient," he added about the monetary policy outlook. Tariff uncertainty is one reason why "we are not doing a lot of forward guidance," he said. "Guidance would not really be helpful or useful in giving people a sense of what we might do." (See: MNI INTERVIEW: Fed To Cut Twice In 2025 On Weak Growth-Haslag)